Let's observe the current state of Bitcoin! I'm anticipating a drop to 74.5K to initiate a short position with minimal leverage. Keep in mind, there's significant short interest in that area, averaging 45X leverage. So, if you're planning similarly, exercise caution with leverage. There's a chance it could surge to 75.5K, leading to liquidation of many orders with leverage exceeding 30X. #Bitcoin #trading #riskmanagement #marketanalysis
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